Greenway Medical goes public

Health IT vendor Greenway Medical went public Feb. 2, offering an initial public offering will make available approximately 6.7 million shares of common stock at $10 per share.

The shares began trading on the New York Stock Exchange Feb. 2 under the symbol “GWAY.”

J.P. Morgan and Morgan Stanley are acting as active book-runners for the Carrollton, Ga.-based company.

Around the web

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Harvard’s David A. Rosman, MD, MBA, explains how moving imaging outside of hospitals could save billions of dollars for U.S. healthcare.

The recall comes after approximately 3% of patients treated with the device during the early stages of its U.S. rollout experienced a stroke or transient ischemic attack following surgery. The expected stroke rate is closer to 1%, the FDA explained.